#PYTH ๐ฎ
$PYTH : Will "buybacks" win the battle against "unlocks"?
Briefly about the main things: Pyth Network is turning into a financial machine, where the income of the protocol now works on the price of the token.
๐ What is pushing up:
โข
$PYTH Reserve: From December 2025, 1/3 of the income (in particular from Pyth Pro) goes to monthly redemption of tokens from the market. This creates a permanent "strong buyer".
โข Government order: Partnership with the US Department of Commerce on GDP data is the highest level of trust in DeFi.
โข Global expansion: Entry into the Hong Kong stock market and the Cardano ecosystem.
โ ๏ธ Where are the risks:
โข Wall of unlocks: A huge amount of new tokens will enter the market in May 2026 and 2027.
โข Temporal pressure: OKX will end support for PYTH in Earn on March 16, 2026, which may cause short-term selling.
๐ Price movement (Forecast):
1. March: Expect volatility due to the withdrawal from OKX Earn. Possible test of support levels.
2. April - Early May: Traditional "pre-unlock rally" on the background of news about
$PYTH Reserve earnings.
3. After May: If the redemption mechanism confirms its effectiveness in the reports, PYTH will be able to absorb inflation and enter a sustainable growth.
Conclusion: The era of "real profitability" is coming. PYTH is no longer just an oracle, but an asset backed by earnings.